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Toyo Tire ( (JP:5105) ) has issued an announcement.
Toyo Tire Corporation announced the disposal of treasury stock as part of its Restricted Stock Compensation Plan, aimed at aligning the interests of directors and corporate officers with shareholders. This move involves the issuance of 22,465 shares to eligible directors and officers, enhancing their motivation and commitment to the company’s long-term success.
More about Toyo Tire
Toyo Tire Corporation operates in the automotive industry, primarily focusing on the production and distribution of tires. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in tire manufacturing.
YTD Price Performance: 17.23%
Average Trading Volume: 638
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.77B
See more insights into 5105 stock on TipRanks’ Stock Analysis page.